Three Indians hack Dubai businessman’s bank account, steal 1 million dirhams

Prosecutors accused the Indian trio of forging papers to obtain a duplicate SIM card and hacking into the businessman's banking application to steal his money.

By: PTI | Dubai | Published: December 6, 2016 5:03 pm
bank account fraud, bank account hacking, bank account scam, bank fraud, bank scam, dubai business man robbed, india news They used the duplicate SIM to hack into the businessman’s bank account through the mobile banking application and transferred Dh1 million from his account to another account. (Source: File)

Three Indian men have been accused of stealing 1 million dirhams by hacking into a Dubai businessman’s mobile banking application after obtaining a duplicate SIM card using forged papers. The Indian trio, who have not been named — a 38-year-old worker, a 27-year-old visitor and a 26-year-old mechanic — allegedly visited an outlet and claimed that one of them had lost a SIM card in May. Upon being asked to fill in the required details on the form to obtain a duplicate SIM, according to records, the trio provided the businessman’s details and his phone number, the Gulf News reported.

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Then they used the duplicate SIM to hack into the businessman’s bank account through the mobile banking application and transferred Dh1 million from his account to another account. Once the businessman realised that money had been withdrawn from his account, he contacted the bank and was informed that the transfer happened through the smartphone banking application.

Police were informed that the money had been transferred to an Indian man’s account. Investigation disclosed that the 38-year-old and the 27-year-old collected the money in the form of cheques that were issued to them. Prosecutors accused the Indian trio of forging papers to obtain a duplicate SIM card and hacking into the businessman’s banking application to steal his money.

The three suspects were not present at the Dubai Court of First Instance where they were scheduled to enter their pleas yesterday. According to the charge-sheet, prosecutors said the Indian trio conspired with two or more than other suspects, who remain at large.

A banker told prosecutors that the businessman called in to find out why his money went missing from his account. “After checking out on his account operations, we discovered that the money had been transferred via the mobile banking application to another account. According to the
bank’s findings, the mobile banking application had been activated at a date recent to the incident using the businessman’s contact number…then cheques were issued to the 38-year-old and the 27-year-old,” he testified to prosecutors.

A police lieutenant told prosecutors that they first arrested the worker, who admitted to obtaining the duplicate SIM. “He confessed that he handed the duplicate SIM to one of the runaway suspects, who paid him money. The visitor was apprehended while trying to cash one of the cheques. The 27-year-old claimed that he had agreed with a man to cash the cheque for him against a certain commission. He also alleged that one of the runaway suspects gave him a number of bank cards and their pin codes to withdraw cash,” he said. The court will hand down a ruling in the case on December 29.

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